School: University of Miami
Course: Principles of Microeconomics
Professor: David spigelman
Term: Spring 2016
Tags: Microeconomics, Welfare Analysis, Graphs, and Economics
Name: ECO 211 Welfare Analysis
Description: These set of notes have terms that are important for understanding welfare analysis. There are two example graphs that portrays dead weight gain and dead weight loss. There are specific details and charts on how to calculate welfare using change consumer surplus, producer surplus, and government revenue.